Wizards Officially Re-Sign Arenas

Posted on January 14, 2013
by SportzWiz

Washington Wizards President Ernie Grunfeld announced today that the team has re-signed guard Gilbert Arenas. Per team policy, terms of the contract were not released.
"Today is a great day for the Wizards organization," said Grunfeld. "Gilbert is a phenomenal player and his value to the franchise goes beyond what he brings to the court. We're proud and excited that we were able to take care of our own free agents and open the 2008-09 season with a healthy core intact."
Prior to last season, Arenas represented the Wizards at three consecutive All-Star Games (2005, 2006, 2007). During that stretch, he averaged 27.7 points, 5.7 assists, 4.3 rebounds and 1.9 steals to earn All-NBA Second Team honors once (2006-07) and All-NBA Third Team honors twice (2004-05 and 2005-06). Arenas averaged 19.4 points and 5.1 assists in just 13 regular season games in 2007-08 after undergoing surgery to repair a torn meniscus in his left knee.
"I'd like to thank Mr. Pollin, Ernie Grunfeld, the entire Wizards organization and, most importantly, the fans for their support and their commitment to building a championship team," said Arenas. "I think with the players we have on this roster, we can compete with anyone in the NBA and I look forward to returning to the court next season on a mission to deliver a championship banner to Washington D.C."
Arenas was originally signed by the Wizards as a restricted free agent on August 3, 2003. He has averages of 25.6 points, 5.6 assists, 4.3 rebounds and 1.9 steals in 302 games with the Wizards. Along the way, he has set or tied several team records, including single-game scoring (60 vs. at L.A. Lakers on Dec. 17, 2006), the Verizon Center scoring record (51 vs. Utah on Jan. 15, 2007) and being the only player to score 2,000 points in three consecutive seasons. Arenas is also the franchise's all-time leader in three-point field goals made.

As I stated in a previous blog, I will be hosting a game day blog for tonight's summer league game between the Wizards and the Blazers which tips off at 8:00pm. The game can be seen on Comcast Sports Net and NBATV and will be the Wizards first of five summer league games. The Blazers had yet to